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Maytag Names New Finance Chief

George C. Moore will succeed Steven H. Wood as executive vice president and chief financial officer.
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Maytag

(MYG)

said Wednesday that George C. Moore will succeed Steven H. Wood as the company's executive vice president and chief financial officer.

Effective immediately, Moore, 48, joins Maytag after working at

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Danaher

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, where he has held several top financial positions since 1993, including group vice president of finance.

"His strong operational background in 'lean' manufacturing complements his broad financial experience," Maytag chairman and chief executive, Ralph Hake, said of Moore in a statement. He wished Wood "the very best," and praised his contributions to Maytag.

Analysts forecast that Maytag will post second-quarter earnings of 56 cents a share, compared with 86 cents a year ago, according to analysts polled by Thomson First Call.

Shares of Maytag edged down 16 cents, or 0.6%, on Wednesday to $25.42.

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